Sec. 2501.002. PURPOSE; LEGISLATIVE INTENT. (a) The purpose of this title is to completely regulate the business of title insurance on real property and, as described by Subtitle F, on personal property, including the direct issuance of policies and the reinsurance of any assumed risks, to:
(1) protect consumers and purchasers of title insurance policies; and
(2) provide adequate and reasonable rates of return for title insurance companies and title insurance agents.
(b) It is the express legislative intent that this title accomplish the purpose described by Subsection (a).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 6, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 543 (S.B. 1153), Sec. 2, eff. September 1, 2007.
Structure Texas Statutes
Subtitle A - General Provisions
Chapter 2501 - General Provisions
Section 2501.002. Purpose; Legislative Intent
Section 2501.004. Abstract Plant; Joint Abstract Plant Operation
Section 2501.005. Business of Title Insurance
Section 2501.006. Closing the Transaction
Section 2501.007. References to Title
Section 2501.008. Third-Party Charges
Section 2501.009. Gifts, Grants, and Donations for Educational Purposes